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Topic: Socialism



  
 Encyclopedia: Market socialism
Market socialism is an economic system in which the means of production are owned by the workers in each company (meaning in general that "profits" in each company are distributed between them: profit sharing) and the production is not centrally planned but mediated through the market.
One of the principal advocates of market socialism in the United States is philosopher David Schweickart, whose version of market socialism is called "Economic Democracy".
Proponents of market socialism argue that it combines the advantages of a free market with those of socialism.
http://www.nationmaster.com/encyclopedia/Market-socialism   (468 words)

  
 3-hist.materialism.txt
SOCIALISM: UTOPIAN AND SCIENTIFIC by Frederick Engels Written 1877 Published as a separate pamphlet This etext accords with the text in French at Paris in 1880, in of the authorized English edition German at Zurich in 1882, and at of 1892.
The socialized appropriation of the means of production does away, not only with the present artificial restrictions upon production, but also with the positive waste and devastation of productive forces and products that are at the present time the inevitable concomitants of production, and that reach their height in the crises.
Socialized production thus introducing itself as a new form of the production of commodities, it was a matter of course that under it the old forms of appropriation remained in full swing, and were applied to its products as well.
http://eserver.org/marx/1877-soc.utopian.sci/3-hist.materialism.txt   (5986 words)

  
 Socialism - Wikipedia, the free encyclopedia
Socialism is an ideology with the core belief that a society should exist in which popular collectives control the means of power, and therefore the means of production.
Most of their objections and critiques seem directed more at a centrally planned economy (not a part of all proposed socialisms), some at socialism and Marxism in general, but because these distinctions are relatively difficult to tease out of their writings, it is probably useful to take them up in a single context.
Social welfare and unemployment insurance are mandated by law in the US, UK, Canada and other market economies.
http://en.wikipedia.org/wiki/Socialism   (4855 words)

  
 Post-Lange Market Socialism
Under pragmatic market socialism, the BPO would be explicitly prohibited from issuing any operating instructions whatsoever to the managing executives regarding the microeconomic decision variables of business enterprise: production levels, prices, marketing expenditures, retained earnings, investment expenditures, and so on.
Profit-oriented market socialism also specifies that the managers of publicly owned corporations will be basically responsible not to the employees of the corporations but rather to outside public ownership agencies themselves responsible to the general public.
In this case, the drastic reduction in the "retention coefficient" as between capitalism and market socialism does not have a significant impact on the level of capital management effort provided to the economy, and hence on the efficiency of the economy.
http://www.wiu.edu/users/miecon/wiu/yunker/postlang.htm   (11771 words)

  
 Glossary of Terms: Ma
“Market socialism” means a proletarian democratic regime in which the mass of the population implements socialist measures within an economy based on commodity production, while accumulation of capital is somehow kept in check.
Generally speaking, the conception of “market socialism” is counterposed to the conception of “socialism” exemplified by the Soviet Union, i.e., a conception of “socialism” as a giant state enterprise run by a top-down bureaucracy with those at the bottom taking orders from those above.
However, the market inevitably generates inequality and the accumulation of capital, and even more seriously, commodity production and the day-to-day activity entailed in buying and selling oneself on the market is the very ground on which bourgeois ideology grows.
http://www.marxists.org/glossary/terms/m/a.htm   (6741 words)

  
 socialism: Definition and Much More From Answers.com
Socialism, as concept and social movement, has played a vital role in American society as a voice of opposition to class and sex exploitation, to race or ethnic hatreds, to imperial cupidity, and to the acquisitive mentality of the dominant classes at large.
Because of the collective nature of socialism, it is to be contrasted to the doctrine of the sanctity of private property that characterizes capitalism.
By the time of the Revolution of 1848 there were a variety of competing "socialisms", ranging from the socialism of Charles Fourier to the self-described "scientific" socialism of Karl Marx and Friedrich Engels.
http://www.answers.com/topic/socialism   (7334 words)

  
 Market socialism : the debate among socialists
Before defining market socialism, he specifies its context, its prerequisites : “the proletariat must be raised to the position of ruling class ; it must ‘win’ the battle of democracy … proletarian-state enterprises and bourgeois enterprises coexisting in a market context”’.
The failure of both stalinism and social democracy might be regarded as a clear indication of the failure of the theory of market socialism.
Market socialism “originally emerged under another name as the form of the transitional period between capitalism and socialism in the twenties, when it was supported by Bukharin and Stalin.
http://www.ospaaal.org/corint/numero_4/eng_4/marksoc.htm   (2578 words)

  
 Hayek and Market Socialism: Science, Ideology, and Public Policy - Mises Institute
Contrary to the model of market socialism Hayek argued that his colleagues were missing out on the unintended consequences of their model.
But in an unhampered market economy, the price system and the process of economic calculation will do all that can be reasonably expected from it to ensure the efficiency of economic arrangements and the constant prodding of economic actors to discover new and better ways to arrange their affairs.
Liberal economists are as concerned with the welfare of the poor as the socialist, but recognize the problems of interventionism and planning, and the power of the market to raise the living standards of the least advantage in society.
http://www.mises.org/fullstory.aspx?Id=1661   (5342 words)

  
 CATHOLIC ENCYCLOPEDIA: Socialism
Socialism appropriates all human desires and centres them on the here-and-now, on material benefit and prosperity.
Socialism, of itself and by itself, can do nothing to diminish or discipline the immediate and materialistic lust of men, because Socialism is itself the most exaggerated and universalized expression of this lust yet known to history.
But, in order to understand fully what Socialism is and what it implies, it is necessary first to glance at the history of the movement, then to examine its philosophical and religious tendencies, and finally to consider how far these may be, and actually have proved to be, incompatible with Christian thought and life.
http://www.newadvent.org/cathen/14062a.htm   (5943 words)

  
 MARKET SOCIALISM
MARKET SOCIALISM: Given the failures of central planning and the socialization of all three factors of production in the USSR and elsewhere, there has been a renewed interest in a form of socialism which allows a limited market in capital as well as goods and services.
The solution in capitalist terms is simply to go on the labor market and sell your labor to whomever will buy it...each person is to prepare his/her labor skills and compete freely with every other person for positions open on the job market.
Child care, medical services for the elderly, education and the arts are neglected in a market system even if they are profitable...when profits else- where are higher.
http://uwacadweb.uwyo.edu/RED_FEATHER/lectures/027MarketSocialism.htm   (1591 words)

  
 Market Socialism discussion in NLR (by L. Proyect)
There is much more attention paid to market socialism than the planned variety.
It is a survey of various models of socialism from the centrally planned variety of Maurice Dobb, to various stripes of the market-oriented.
The authors draw a distinction between a market socialism that is neoclassically inspired like Nove's and Romer's and Austrian inspired such as Schweickart's.
http://www.columbia.edu/~lnp3/mydocs/economics/nlr_market.htm   (1060 words)

  
 Free Market, by Murray N. Rothbard: The Concise Encyclopedia of Economics: Library of Economics and Liberty
As even socialists like Robert Heilbroner now admit (see Socialism), the socialist planning board therefore has no way to calculate prices or costs or to invest capital so that the latticework of production meshes and clears.
The key to socialism, on the other hand, is government ownership of the means of production, land, and capital goods.
Market socialism is, in fact, a contradiction in terms.
http://www.econlib.org/library/Enc/FreeMarket.html   (1798 words)

  
 Criticisms of socialism - Wikipedia, the free encyclopedia
Under socialism, it is the task of central planners to compare the costs and benefits of various kinds of economic activity.
The critics of socialism often claim that a reduction of inequality would also reduce incentives, and therefore productivity and total wealth would be reduced in turn.
Social democrats argue that welfare states are examples of socialism.
http://en.wikipedia.org/wiki/Criticisms_of_Socialism   (3459 words)

  
 Monthly Review: The contradictions of market socialism
The main problem of socialism, in their view, was how to maximize investment in order to achieve a better material standard of living for all citizens.
But once Kalecki's views on socialism are placed in the context of his critique of capitalism and his critical understanding of Keynesianism, his economics of socialism comes out as a strong and reasoned case for socialism and a consistent view of how a socialist economy should operate, incorporating a strong critique of market socialism.
The economics of socialism dates back to the foundation of the Soviet Union when Lenin, Bukharin, Preobrazhensky, and Feldman were faced with the practical problems of establishing socialism in an economically backward society.
http://www.findarticles.com/p/articles/mi_m1132/is_n11_v46/ai_16842016   (1173 words)

  
 Philosophy and Economics of Market Socialism: A Critical Study, The
Arnold establishes, with immense skill at careful argument, that market socialism is far inferior in economic efficiency to the free enterprise system.
Arnold is a philosopher, not an economist; and what principally concerns him is the justice of free enterprise and market socialism.
Centrally planned socialism is not, as its proponents imagined, a system vastly more efficient than the "anarchy of the market." Far from it: socialism cannot solve the calculation problem and thus cannot function at all.
http://www.news.mises.org/misesreview_detail.asp?control=136&sortorder=issue   (2020 words)

  
 From the Left: Winter '95
Environment concerns are met better by market socialism: capitalism tends to 'externalize' costs to workers, customers, the state and to the environment.
Thompson says that market socialism would be more likely to survive it debt could exceed assets and if interest could vary...
Mills notes that market socialism might have a bureaucratic class but they would not have the tremendous economic power that the capitalism class has.
http://uwacadweb.uwyo.edu/RED_FEATHER/fromleft/winter95.htm   (2987 words)

  
 Market socialism - definition of Market socialism in Encyclopedia
As a result, the Chinese Communist Party has been able to redefine socialism and to argue that socialism is not incompatible with economic policies such as private ownership of the means of production, free markets, neoliberal globalization, or anything else for that matter.
Later, elements of "market socialism" were introduced in Hungary (where it was nicknamed "goulash socialism"), Czechoslovakia and Yugoslavia (see Titoism) in the 1970s and 1980s.
Market socialism is an attempt by a Soviet-style economy to introduce market elements into its economic system to improve economic growth.
http://encyclopedia.laborlawtalk.com/Market_socialism   (844 words)

  
 market socialism --  Encyclopædia Britannica
also called liberal socialism economic system representing a compromise between socialist planning and free enterprise, in which enterprises are publicly owned but production and consumption are guided by market forces rather than by government planning.
A form of market socialism was adopted in Yugoslavia in the 1960s in distinction to the centrally planned socialism of the Soviet Union.
Socialism is a political system in which the state owns all, or most of, the means of economic production, especially factories and agricultural land.
http://www.britannica.com/eb/article-9051012   (873 words)

  
 Chapter Seventeen, SCIENTIFIC SOCIALISM
Under socialism there is laid the basis for a new type of family life, the ending of the misery and despotism that mark familial relations.
To sum up, Scientific Socialism was both a method as well as a content or body of scientific conclusions, later becoming both a theory and a practice.
Thus the production of commodities is a system of social relationships in which different producers produce various products in a social division of labor and in which all of these products are equated to one another in exchange.
http://www.weisbord.org/conquest17.htm   (11913 words)

  
 Market Socialism: The Debate Among Socialists
"The Marxist answers that market socialism cannot exist because it involves limiting the incentive system of the market through providing minimum wages, high levels of unemployment insurance, reducing the size of the reserve army of labor, taxing profits, and taxing the wealthy.
(By this he means that in capitalism, the value of a good is the socially necessary labor-time needed to produce it.) Socialism abolishes the law of value, and abundance now comes into being.
Socialism means abundance; and where scarcity does not exist, the lack of a rational method of pricing works no harm.
http://www.news.mises.org/misesreview_detail.asp?control=88&sortorder=issue   (1359 words)

  
 The Socialist Calculation Debate
Even if we see them as parameters for decision-makers, then whether they are provided by a central planner or by a market is irrelevant as long as managers of state enterprises are given instructions to act as cost-minimizers.
With the crushing poverty of the industrial revolution as evidence, Socialists, Marxians and other critics of laissez-faire argued that free markets had, in effect, failed and that a benevolent government with control over the means of production and distribution, could allocate goods in a more efficient and equitable manner.
The issue of "finding" correct prices and the stability of the market were remarkable: let the government act as the mythical Walrasian "auctioneer" - searching for prices via tatonnement.
http://cepa.newschool.edu/het/essays/paretian/social.htm   (990 words)

  
 Modern History Sourcebook: Karl Marx: Scientific Socialism, 1844 - 1875
For example, he receives a certificate from society that he has furnished such-and-such an amount of labor (after deducting his labor for the common funds); and with this certificate, he draws from the social stock of means of consumption as much as the same amount of labor cost.
Thus, with an equal performance of labor, and hence an equal in the social consumption fund, one will in fact receive more than another, one will be richer than another, and so on.
The same amount of labor which he has given to society in one form, he receives back in another.
http://www.fordham.edu/halsall/mod/marx-summary.html   (3722 words)

  
 Market Socialism
This book on market socialism is the culmination of about a dozen years work on socialism and the capitalism/socialism dispute.
The general conclusion is that the structure of the economic organizations in a market socialist system (self-managed cooperatives which rent all of their capital from the state) permit and encourage forms of exploitation that the characteristic organizations of a free enterprise system either prevent or discourage.
The reason for this is that it would permit or encourage widespread exploitation--forms of exploitation that are prevented or discouraged in a capitalist or free enterprise system.
http://www.uab.edu/philosophy/faculty/arnold/marksoc.htm   (765 words)

  
 Socialist Planning or“Market Socialism
The market is the site and mechanism of exchange: buying and selling between individuals and between individual units of capital (companies, corporations, etc.).
The problem— and this is built in to the market mechanism —is that the market doesn't register the long-term and social effects of economic activity.
Quiet as it is kept, the most fundamental market transaction under capitalism is the sale and purchase of labor power.
http://rwor.org/a/v24/1161-1170/1166/lotta1.htm   (4048 words)

  
 Amazon.com: Books: Whither Socialism? (Wicksell Lectures)
If market generated prices and wages were as informationally efficient as the neo-classical model suggests, Stiglitz argues that market socialism could be just as efficient as free market capitalism.
Stiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information.
Markets could be permitted to function to the degree necessary to generate prices, which central planners could use to direct the economy.
http://www.amazon.com/exec/obidos/tg/detail/-/0262691825?v=glance   (2186 words)

  
 Hostboard.com, Your Message Board Partner:: Post-Lange market Socialism
To be honest, I think market socialism of the types there described are actually less progressive than the present social democratic reforms which have been placed over the top of capitalism, particularly in respect to nations which still have a sharply graduated income tax.
My thoughts were that "bank-centric" market socialism would most suit the needs of the public.
But my ideas about socialism have always centered around direct worker-ownership and self-management regardless of the precise arrangements of the market.
http://www.hostboard.com/cgi-bin/ultimatebb.cgi?ubb=get_topic&f=1019&t=121   (877 words)

  
 The Tradition of Scientific Marxism by John Holloway
For her, the understanding of socialism as objective historic necessity was of central importance to the revolutionary movement: ‘The greatest conquest of the developing proletarian movement has been the discovery of grounds of support for the realisation of socialism in the economic condition of capitalist society.
Socialism will be the consequence of (1) the growing contradictions of capitalist economy and (2) the comprehension by the working class of the unavoidability of the suppression of these contradictions through a social transformation’ (1973, p.
If the movement to socialism is based on the scientific understanding of society, then it must be led by bourgeois intellectuals and those ‘proletarians distinguished by their intellectual development’ to whom they have transmitted their scientific understanding.
http://www.marxmyths.org/john-holloway/article.htm   (7610 words)

  
 The Two Marxisms, Ch 2 - "Marxism as Science and Critique," by Alvin W. Gouldner
Cuban and Chinese Marxism both converge more with an Hegelian, Critical Marxism than with a "scientific" socialism.
This, therefore, omits any clear indication of the rational preparation and political organization required to produce socialism.
Fagen's analysis suggests that the egalitarianism of Cuban socialism was accentuated by the experience of shared danger and shared struggle characteristic of a military brotherhood; this experience affected the participants' ideas about the character of a good social order, which they subsequently sought to reproduce in society at large, and their notion of political method.
http://www2.pfeiffer.edu/~lridener/DSS/Marx/ch2.htm   (10244 words)

  
 Somalia SCIENTIFIC SOCIALISM, 1970-75 - Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System
Although the Somali neologism for socialism, hantiwadaag, could be translated as the "sharing of livestock," camel herds were not nationalized, and Siad Barre reassured pastoralists that hantiwadaag would not affect their animals.
The government nationalized banks, insurance companies, petroleum distribution firms, and the sugar-refining plant and created national agencies for construction materials and foodstuffs.
The 1974-78 Development Plan allocated only 4.2 percent of the budgeted funds to livestock.
http://www.photius.com/countries/somalia/economy/somalia_economy_scientific_socialism~11087.html   (1174 words)

  
 Mark Byron
European "market socialism" looks like the American system at first glance, but there are two different assumptions based on European collectivism and American individualism.
Here's a possible solution, if the church's assets are needed to pay all the legal bills-put the current assets (or a large chunk of those assets) of the Archdiocese, including title to the church buildings, in a trust fund.
He also proposed eliminating the capital gains tax on the first $100 million worth of stock issued by technology companies and allowing small businesses to defer up to $250,000 of federal taxes if the money is reinvested in the business.
http://markbyron.blogspot.com/2002_12_01_markbyron_archive.html   (16884 words)

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